A few months ago, an unknown dowdy Scottish woman named Susan Boyle was received with a lot of eye rolling on the United Kingdom's Britain's Got Talent until she opened her mouth. Her beautiful rendition of "I Dreamed A Dream," stunned the judges and audience, and though she did not win the competition, she got a record deal.
It is easy to jump on this part of the Susan Boyle story to lead into a pep talk about how appearances are deceiving or about how it's never too late to pursue a dream. Either of those tangents would be true. She went from a life of obscurity taking care of her ailing mother to a chart-topping album in the UK that has also topped Amazon.com's list of pre-orders.
Along her rise to fame, Susan Boyle has been continuously scrutinized as if people are looking for proof that a person who is not a raving beauty is "unstable" and maybe even "retarded." The public may love her as the record sales attest, but the press is quick to apply labels every time she gets emotional after a performance. She is reportedly getting annoyed by the press but when asked about the past six months, her response "Bloody fantastic!"
There are a few obvious parallels to real estate here. Regardless of how the market has fared over the past couple years, certain segments of it could emerge "bloody fantastic" due to the dynamic combination of lower housing prices, low interest rates, and the tax credit.
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